Important Notice:
Please be aware email is not a secure method of communication.

Do not use email to send us confidential or sensitive information such as passwords, account numbers or social security numbers. If you need to provide this type of information, contact us by phone, fax or regular mail.

Email Now Return to Berkshire Bank 
Center column content

Spring 2014


Five years ago this past March, the major market indices bottomed amidst the turmoil and malaise of a confidenceeroding financial crisis. Today, after more than doubling and routinely setting all-time highs, inquiring minds want to know what happens next. Who wouldn’t? It’s human nature to fixate on dates, anniversaries and new highs, and assume that breaching new ground means that we’re certain to reverse course and plummet to levels far below where we currently reside. Indeed, a key tenant of behavioral finance is that investors have a tendency to focus on the negatives and assume the worst.

There is frustration and intrigue derived from the constant challenge of anticipating the direction of capital markets. However, while we can easily describe, analyze and assess what has happened, it is all but impossible to predict what will happen—particularly looking out over shorter timeframes. Importantly, anyone who claims they know exactly where market levels will be in six months or a year should be viewed skeptically. However, by looking at the business cycle and valuations, we can form some reasonable assumptions regarding what the next several years might hold for both stocks and bonds. Suffice it to say, it is...

Click here to read the rest of the newsletter.

Video and accompanying text
Block Page Video



May lose value
Not a bank deposit
No bank guarantee


Right column content
Content definitions:
Sidebar Business Login
Sidebar Personal Login
Sidebar Freeform
Sidebar Image and Link

Portfolio Online

Learn More



Learn More

Wealth Management